Kuwait’s Ajial Real Estate Entertainment Q1 profit rises

• Wednesday, 10th May 2017
• by Nayrouz Talaat

Kuwait’s real estate developer Ajial Real Estate Entertainment posts a net profit of AED 1.1 mn in the first quarter of 2017, compared to AED 733,264 in the same period a year earlier, Invest-Gate reports.

South Korean Firms to Build USD 4 bn Smart City, Kuwait

• Wednesday, 5th April 2017
• by Leena ElDeeb

A consortium of South Korean construction companies are to start building an eco-friendly residential city in Kuwait by 2019, Yonhap News Agency reports.

Arab Contractors to Develop Infrastructure Project in Kuwait

• Sunday, 26th March 2017
• by Fatma Khaled

Egyptian real estate developer Arab Contractors will establish a new road in Kuwait worth EGP 10 bn to ease traffic congestion, Invest-Gate reports.

USD 65mn Kuwaiti Projects To Be Invested,  East Port Said, North Sinai

• Thursday, 16th March 2017
• by Nayrouz Talaat

Egypt and Kuwait have signed two agreements worth USD 65 mn to carry out developmental projects in the cities of East Port Said and North Sinai, a statement released by the Ministry of Investment and International Co ...

SHH to Build World’s Biggest Children’s Hospital

• Thursday, 2nd February 2017
• by Farah Montasser

The Kuwaiti Ministry of Health and the Ministry of Public Works assigned SSH designs to build the world’s biggest Children Hospital, complying with award-construct basis

New Kuwaiti Taxes to Affect Real Estate Sector

• Sunday, 22nd January 2017
• by Farah Montasser

Kuwait’s government attempt to impose taxes and increase costs on expats will further affect the real estate sector specifically commercial segment, while the effect on the investment sector will also be great

Alhafda Egypt-Kuwait to Invest EGP 1 bn in 2017, Administrative Capital

• Thursday, 19th January 2017
• by Farah Montasser

Alhafda Egypt-Kuwait for Construction and Décor is to invest a sum of EGP 1 bn on residential projects at the Administrative Capital and the new cities in 2017, Al Borsa reports

Kuwait to spend USD 15.6 bn on infrastructure

• Wednesday, 18th January 2017
• by Yasmin El-Beih

Kuwait is set to spend about USD 15.6bn on infrastructure and other projects in FY 2017/2018, Trade Arabia reported

Kuwait’s Top Real Estate Group Visits Its Turkey-Based Projects

• Tuesday, 10th January 2017
• by Farah Montasser

The Kuwaiti Top Real Estate Group’s (TREG) Managing Director and Executive Manager visited Turkey to follow up on the projects marketed by the Group, according to a press release published

Kuwait’s New Causeway Underway

• Thursday, 29th December 2016
• by Farah Montasser

Nearly 70% of the construction works on the new Sheikh Jaber Al Ahmad Al Sabah Causeway are completed, keeping the project on track for its November 2018 opening, reported Al Bawaba